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NTPC Signs MoU with Tecnimont to Develop Green Methanol Facility

NTPC has signed a non-binding memorandum of understanding (MoU) with Tecnimont, an Indian subsidiary of Maire Tecnimont Group, Italy to jointly evaluate and explore the possibility of developing commercial scale green methanol production facility at an NTPC project coming up in India.

 

The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel.

 

Green methanol has a wide range of applications, including serving as a base material for the chemical industry, storing renewable electricity, and even as a transportation fuel. It is also considered as a substitute fuel for maritime fuel applications.

 

Currently, NTPC is executing pilot scale green methanol plant at its Vindhyachal thermal power station in Madhya Pardesh.

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